July 29, 2009 @ 4:49 PM
Compounding Magic
58% of Baby Boomer women have less than $10,000 in retirement. We can change that statistic for Generation X. It’s never too early or late to start preparing for your retirement. Every little bit counts – and with the magic of compounding, it might count more than you think!
Be sassy… Get savvy… Live richly!
Filed under Investing, Retirement Permalink
6 Comments »
RSS feed for comments on this post · TrackBack URI











Posted by Mark Matson
July 29, 2009 @ 5:29 PM
Great would be a good starting point. I want to be part of the team!
Posted by Ira Work
July 30, 2009 @ 11:58 AM
Great job Michelle! My only comment would be to use a bigger number then $100,000 for the Gen X women. They still have a minimum of 20 years before they’re ready to retire and they don’t believe SS will be here for them. With that mindset they will need more then $100,000 to retire on.
Posted by michellem
July 30, 2009 @ 12:00 PM
Maybe we should really go for it and make it $1 million for Gen X women!
Posted by Kara Buchanan
July 30, 2009 @ 3:15 PM
Thanks for the inpiration Michelle. I’m going to forward this onto my Mom…unfortunately I think she falls into the baby boomer statistic you referenced above. However, like you stated, it’s never too late to start! As for me…I’m going after the prize…$1 million for Gen X!
Posted by Debbie
July 31, 2009 @ 9:24 AM
Awesome, Michelle! This is exciting and inspriring information!
Posted by The Online Investing AI Blog » Weekly Wisdom: How To Make Money The Fun Way
August 16, 2009 @ 5:12 AM
[...] Chick TV is on a mission to make money management fun for women. In this video, she explains the magic of compound investing. Listen up [...]